Priority Project Area

 Description:  Eligible projects support the development of rental housing opportunities for households earning less than 80% of the AMI or providing subsidies to reduce the monthly housing expenses for households earning less than 80% of the AMI.  The 80% AMI threshold reflects the Town’s priority to support housing for people at a range of income levels, but priority will be given to those with incomes below 60% AMI.

Related Strategies and Goals:

• Establish useful incentives to encourage development of affordable rental in all target income ranges. (Affordable Rental Housing Strategy)

• Identify other properties that may be appropriate for redevelopment and encourage the production of affordable rental units through the use of incentives. (Affordable Rental Housing Strategy)

  Eligible Activities: Security and utility connection fee assistance program, rental subsidy program, gap subsidies to developers to provide affordable units, new or redeveloped rental housing construction. 

For more information about the AHDR, contact Sarah Viñas at 919-969-5079 or svinas@townofchapelhill.org.